Nasdaq, Inc., a leading global technology company, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1971, Nasdaq revolutionised the financial markets by launching the world's first electronic stock exchange, setting a precedent for modern trading practices. The company primarily operates in the financial services industry, offering a diverse range of products and services, including market technology, trading platforms, and data analytics. Nasdaq's unique blend of innovative technology and comprehensive market insights positions it as a key player in the global financial ecosystem. With a strong market presence, Nasdaq has achieved notable milestones, including the listing of thousands of companies and the development of advanced trading solutions that enhance market efficiency and transparency.
How does Nasdaq's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Nasdaq's score of 72 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nasdaq reported a total of approximately 91.8 million kg CO2e in greenhouse gas emissions, comprising 75,100 kg CO2e from Scope 1, 62,000 kg CO2e from Scope 2, and approximately 91.6 million kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to achieve net-zero emissions across its entire value chain by 2050, with a near-term target to reduce absolute Scope 1 and Scope 2 emissions by 100% by 2030 from a 2021 base year. Additionally, Nasdaq plans to reduce its absolute Scope 3 emissions by 50% by 2030 and 95% by 2050, also from a 2021 base year. Nasdaq is committed to sourcing 100% renewable electricity through 2030 and has set a target for 70% of its suppliers, by spend, to establish science-based targets by 2027. These initiatives reflect Nasdaq's dedication to sustainability and its alignment with the Science Based Targets initiative (SBTi) standards, ensuring that its emissions reduction strategies are consistent with the global goal of limiting temperature rise to 1.5°C.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000 | 000 | 00,000 | 00,000 |
| Scope 2 | 35,305,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000 |
| Scope 3 | 28,054,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Nasdaq's Scope 3 emissions, which increased by 7% last year and increased by approximately 227% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 66% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nasdaq has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.


Common questions about Nasdaq's sustainability data and climate commitments